Company Updates

McDermott Starts Fabrication for Tyra Redevelopment Project

McDermott International, Inc., held a first steel-cutting ceremony at its fabrication yard in Batam, Indonesia, to mark the commencement of fabrication for the Tyra Redevelopment project.

"As the project continues to progress with the completion of engineering, we are moving ahead with fabrication in full compliance with the stringent technical requirements for the North Sea in Denmark," said Tareq Kawash, McDermott's Senior Vice President for Europe, Africa, Russia and Caspian. "We expect to meet the final timeline for the two work packages scheduled for delivery in early 2020 and 2021."

McDermott TyraMcDermott held a first steel-cutting ceremony at its fabrication yard in Batam, Indonesia, to mark the commencement of fabrication for the Tyra Redevelopment project. (PRNewsfoto/McDermott International, Inc.)

McDermott will fabricate and assemble two separate work packages for Total, comprising of seven topside structures, six connecting bridges and six jacket extensions weighing a total of 36,300 tons (33,000 metric tons). This is one of the largest combined projects for McDermott in the North Sea.

"Like all of our projects throughout the world, we are applying the One McDermott Way to the Tyra project," said David Dickson, McDermott's President and Chief Executive Officer. "This proven model helps us reduce costs, ensure certainty and drive execution excellence while maintaining our industry leading safety record. In turn, this delivers quality and value for our customers."

McDermott was awarded the engineering, procurement, construction and onshore commissioning contract in December 2017 by Maersk Oil before that company's acquisition by Total in March 2018. Engineering was performed by McDermott's engineering hubs in Kuala Lumpur, Malaysia, and Chennai, India. Project and supply chain management services are performed in Kuala Lumpur.

The new facilities will be located approximately 139 miles (225 kilometers) west of Esbjerg, Denmark in the North Sea. The Tyra gas field is the center of Denmark's national energy infrastructure, processing 90 percent of the nation's gas production. The Tyra Redevelopment project is critical in ensuring the country's energy supply.

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